Offering what is, undoubtedly, one of the best outdoor spaces in Watercolor, this never rented custom home on a large corner lot in Phase II boasts nearly 4,000 square feet of wide open luxury living w/ 4 bedrooms, 4.5 baths and a detached 1/1 carriage house over the 2 car garage. Thoughtfully oriented to provide maximum privacy, bordered by lush forever green space, the resort-like backyard features a large private pool, covered summer kitchen with gas grill and fireplace, lanai w/ multiple seating areas, and an unobstructed sundeck. Back inside, this home is replete w/ high end finishes and natural light. The first floor features a luxe eat-in kitchen, separate dining room, coveted main level master suite, a warm and inviting great room, soaring white beamed ceilings, and shiplap walls. Upstairs, 3 en suite guest bedrooms complete the main house, each with ample storage, light and charm. With its own separate access, the detached carriage house with 2 car garage features a large bunk room with 4 bunks, a spacious living area, full kitchen, and 1 full bath. Watercolor is one of 30A's most desirable communities with its countless amenities and unparalleled location in the heart of it all.
Single-familyProperty Type
2013Year Built
$1,121Est. Price/Sq.Ft.
2 garage spacesParking
Listed by Robin Morrow• Scenic Sotheby's International Realty
Offering what is, undoubtedly, one of the best outdoor spaces in Watercolor, this never rented custom home on a large corner lot in Phase II boasts nearly 4,000 square feet of wide open luxury living w/ 4 bedrooms, 4.5 baths and a detached 1/1 carriage house over the 2 car garage. Thoughtfully oriented to provide maximum privacy, bordered by lush forever green space, the resort-like backyard features a large private pool, covered summer kitchen with gas grill and fireplace, lanai w/ multiple seating areas, and an unobstructed sundeck. Back inside, this home is replete w/ high end finishes and natural light. The first floor features a luxe eat-in kitchen, separate dining room, coveted main level master suite, a warm and inviting great room, soaring white beamed ceilings, and shiplap walls.
ECAR #816381
Jun 14, 2019
Sold
$2,500,000
$632/sq ft
Feb 18, 2019
Listed
$2,695,000
$681/sq ft
+31
One of the best outdoor living spaces in Watercolor! Huge corner lot backing up to green space contains a large pool, outdoor kitchen and plenty of lounging space. Spacious open floor plan, the living area and master bedroom overlook this oasis.Carriage house with built in bunks and separate living area. The home has never been rented and is in pristine condition. All the high end finishes you expect in a new Watercolor home, with a homey feel. A quick bike ride to Camp Watercolor, Beach Club and Publix, but tucked away for quiet and privacy. Come see this one of a kind jewel in Phase II.
ECAR #592738
Sep 11, 2013
Sold
$1,800,000
$455/sq ft
Mar 6, 2013
Listed
$1,949,000
$493/sq ft
ECAR #545960
Mar 16, 2012
Sold
$305,000
$77/sq ft
Sep 30, 2010
Listed
$329,000
$83/sq ft
ECAR #471913
May 5, 2010
Sold
$200,000
$51/sq ft
Aug 1, 2007
Listed
$275,000
$70/sq ft
Public Records
May 22, 2003
Sold
$18,095,600
$4,575/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$33,476 (+2.7%)
2024
$32,592 (+10.6%)
2023
$29,473 (+15.5%)
2022
$25,520 (+14.4%)
2021
$22,307 (+13.2%)
$593,821 + $1,710,692
$2,304,513
2020
$19,704 (+22.6%)
$543,272 + $1,430,576
$1,973,848
2019
$16,065 (+2.9%)
$527,448 + $1,090,249
$1,617,697
2018
$15,613 (+6.7%)
$512,086 + $1,053,719
$1,565,805
2017
$14,636 (+1.8%)
$497,171 + $979,562
$1,476,733
2016
$14,378 (+4.0%)
$478,049 + $958,813
$1,436,862
2015
$13,826 (+25.3%)
$446,775 + $927,693
$1,374,468
2014
$11,033
Tax history for 48 Chapman Oak Way
Year
Property tax
Land + Additions
Assessment*
2025
$33,476 (+2.7%)
2024
$32,592 (+10.6%)
2023
$29,473 (+15.5%)
2022
$25,520 (+14.4%)
2021
$22,307 (+13.2%)
$593,821 + $1,710,692
$2,304,513
2020
$19,704 (+22.6%)
$543,272 + $1,430,576
$1,973,848
2019
$16,065 (+2.9%)
$527,448 + $1,090,249
$1,617,697
2018
$15,613 (+6.7%)
$512,086 + $1,053,719
$1,565,805
2017
$14,636 (+1.8%)
$497,171 + $979,562
$1,476,733
2016
$14,378 (+4.0%)
$478,049 + $958,813
$1,436,862
2015
$13,826 (+25.3%)
$446,775 + $927,693
$1,374,468
2014
$11,033
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
9,904 Sq. Ft.
Year renovated
2013
Sq. Ft.
3,379
Year built
2013
Style
Single Family Residential
County
Walton County
APN
143S19254000000440
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 9, 2026.
CC
Coastal Center District
This district is primarily residential, allowing medium residential densities and supporting uses. All development is required to be connected to a public water and sewer system.
Utilities: Electric, Gas - Natural, Public Sewer, Public Water, TV Cable
Energy: AC - 2 or More, AC - Central Elect, Ceiling Fans, Heat Cntrl Gas, Water Heater - Tnkls
Location
Assessment Information
Assessment Fees: Yes
Assessment Amount: 1260.00
Assessment Paid: Quarterly
Homeowners Association Information
Fees Include: Accounting, Ground Keeping, Land Recreation, Legal, Management, Recreational Faclty, Security, Trash, TV Cable
New Buyer Fee
%
School Information
Elementary School: Bay
Middle School: Emerald Coast
High School: South Walton
Location Information
Sub Area: 1802 - East of Hwy 395
Area: 18 - 30A East
Street #: 48
Street Name: Chapman Oak
Street Suffix: Way
City: Santa Rosa Beach
County: Walton
State: FL
Zip Code: 32459
Project Name/Subdivision: WATERCOLOR
Absolute Longitude: 86.127736
Longitude: -86.127736
Latitude: 30.324137
Directions: Heading South on Hwy 395, turn right at the Watercolor Crossings light onto West Lake Forest Drive, then take your immediate left onto Pine Needle Way. Continue on Pine Needle to the small park at Chapman Oak Way on your right, the property will be on your right at the far end of the park on the corner lot bordering Chapman Oak Way and Pine Needle Way.
Project Facilities
Beach, Deed Access, Dock, Exercise Room, Fishing, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable
Public facts
Beds: 3
Baths: 4.0
Sq. Ft.: 3,379
Stories: 2.0
Lot Size: 9,904 square feet
Style: Single Family Residential
Year Built: 2013
Year Renovated: 2013
County: Walton County
APN: 143S19254000000440
Home facts updated by county records on Sep 8, 2026
Other
Listing Price Information
List Price: 2850000.00
List Price/SqFt: 720.61
Property Information
Apx SqFt(Htd/Cooled): 3955.00
Design: Florida Cottage
Sub-Type: Detached Single Family
Listing Information
Immediate Occupancy: Immediate Occupancy
Around this home
Schools
Dune Lakes Elementary School
Public K-5 • Assigned • 3.5mi
10/10
Emerald Coast Middle School
Public 6-8 • Assigned • 2.5mi
8/10
South Walton High School
Public 9-12 • Assigned • 5.0mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
6/10 Flood Factor
Estimated 60-74% chance of a flood reaching the building in the next 30 years
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 105° expected this year, 22 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Santa Rosa Beach, FL • 32459
Average low and high temperatures (°F)
59
43
65
52
71
57
76
64
80
70
86
76
88
79
86
77
86
72
79
66
73
59
64
50
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.5 hours in
June and 5.5 hours in December, placing it above the
U.S. average for solar exposure.
9.5 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$4.21M – $5.10M
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